The UK's leading smart home startups

Smart home technology is a market space that is seeing huge levels of growth around the world. As technology becomes smarter and better connected so too are our homes.

In fact, it is estimated that £10.8bn will be spent on smart home devices in 2019, according to a survey by PwC. The results also showed that 30 percent of people are planning to purchase a smart home device within the next two years.

Below are some of the UK's smart home startups that are transforming the market.

Neos

Neosis a London-based smart home and insurance startup that provides IoT-enabled smart home technology such as cameras, motion sensors and smoke detectors for 24/7 support.

The startup, which was founded in 2016, offers a mobile app for smart home management, and users can access dashboards and live cameras to monitor homes and send the right people in case of any problems.

It provides a plug and play energy storage device, which lowers household electricity bills by up to 15 percent. The company is also working with energy suppliers and National Grid to reduce the dependency on fossil fuels by shifting the energy demand from peak times.

Powervault has raised a total of £5.2m from seed round and crowdfunding investments since 2014.

Den

The UK-based startup, founded in 2013, allows customers to control light switches wirelessly using a remote or smartphone app.

All products also include security monitoring to have light switches turn on and off automatically to save electricity bills.

Den has received a total of £5.6m in investment funding since 2015.

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Cocoon

Cocoonprovides a smart home device with HD camera and motion detection for home security.

Founded in 2014, the startup launched Cocoon with Subsound technology to sense activity throughout the home. Cocoon is paired with a smartphone app that sends intelligent notifications and HD video to let you know what's going on when you're away from home.

Cocoon has raised $7.1m (£5.34m) in seed and crowdfunding investment since 2014.

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Ecoisme

Ecoismeis a smart home energy monitoring system provider, which provides utility switch and energy monitoring technology to reduce electricity bills.

The startup launched in 2014 with a smart system that detects the consumption of home appliances and shows how much money is spent based on usage via its smartphone app.

Ecoisme smart energy monitor is designed to support a range of electrical networks around the world and eliminates grid and solar energy overuse to prevent damage.

Ecoisme has received over $650k (£488.10k) in seed and crowdfunding investments since 2014.